Coinbase’s Base faces builder backlash over creator coin push

Coinbase's Layer 2 network, Base, is facing criticism from developers over its initiative to promote creator coins, which are tokens tied to individual creators. Many builders believe this focus on creator coins detracts from the broader utility and potential of the Base platform. Critics argue that the emphasis on monetizing creators may lead to a fragmented ecosystem and divert attention from more innovative projects. The backlash highlights concerns about prioritizing short-term gains over long-term development within the crypto space. Coinbase is working to address these concerns while continuing to support its creator coin initiative.

Read the full article: CoinDesk

Read more